Franklin Resources Q3 2024 Adj EPS $0.60 Beats $0.57 Estimate, Sales $2.12B Beat $1.66B Estimate
Portfolio Pulse from Benzinga Newsdesk
Franklin Resources (NYSE:BEN) reported Q3 2024 adjusted EPS of $0.60, beating the $0.57 estimate. Sales were $2.12 billion, surpassing the $1.66 billion estimate and showing a 7.82% increase from last year's $1.97 billion.
July 26, 2024 | 12:34 pm
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POSITIVE IMPACT
Franklin Resources reported strong Q3 2024 earnings with EPS of $0.60 beating estimates and sales of $2.12 billion significantly surpassing expectations. This positive performance indicates robust financial health and growth.
The company's earnings per share and sales both exceeded analyst expectations by significant margins, indicating strong financial performance and potential for stock price appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100